Wealth Minerals Ltd. (OTCMKTS:WMLLF) Sees Large Decline in Short Interest

Wealth Minerals Ltd. (OTCMKTS:WMLLF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 9,600 shares, a decline of 70.6% from the December 15th total of 32,600 shares. Based on an average trading volume of 1,041,400 shares, the short-interest ratio is presently 0.0 days.

Wealth Minerals Price Performance

OTCMKTS WMLLF traded down $0.00 during trading hours on Tuesday, reaching $0.04. 400 shares of the stock traded hands, compared to its average volume of 142,086. The stock has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.06. Wealth Minerals has a 1 year low of $0.02 and a 1 year high of $0.20. The company has a market cap of $12.33 million, a price-to-earnings ratio of -0.92 and a beta of 0.67.

Wealth Minerals Company Profile

Wealth Minerals Ltd., a junior mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, as well as for precious metal and copper deposits. Its flagship property is the 100% owned Atacama project that comprises 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.